GRGTEST(SZ:002967) Shenwan Hongyuan Securities·2025-06-26 15:17Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company is actively expanding into strategic emerging sectors, particularly in the field of measurement and testing, with recent strategic partnerships with the Chinese Academy of Sciences and Weixin Aerospace [6] - The management efficiency is showing signs of improvement following a leadership change and the introduction of an equity incentive plan, which is expected to enhance operational performance [6] - The company has raised its profit forecasts for 2025-2026 and introduced projections for 2027, reflecting confidence in its growth trajectory [6] Financial Data and Profit Forecast - Total revenue is projected to grow from 3,207 million in 2024 to 4,564 million by 2027, with a compound annual growth rate (CAGR) of approximately 12.1% [5][8] - The net profit attributable to the parent company is expected to increase from 352 million in 2024 to 592 million in 2027, indicating a strong growth rate [5][8] - The earnings per share (EPS) is forecasted to rise from 0.61 in 2024 to 1.01 in 2027, reflecting the company's improving profitability [5][8]